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> Lyondell Petrochemical Co.

商品編號: 9-498-028
出版日期: 1998/02/03
作者姓名:
Lorsch, Jay W.;Erikson, Daniel P.
商品類別: Other
商品規格: 20p

再版日期:
地域: Texas
產業: Petroleum extraction;Mining
個案年度: 1994 -  1995

 


商品敘述:

In August 1994, Lyondell Petrochemical Co.''s corporate parent and largest single shareholder effectively shed its stock, resulting in the resignation of 5 of its 11 directors. The remaining outside directors immediately acted to overhaul the executive compensation plan used to pay the CEO and other top officers. This case examines the role played by the compensation committee of the board of directors in this initiative. Also addresses several important aspects of the compensation process, including the role played by outside consultants, appropriate ways of measuring performance, and the motivational impact of pay plans on management.


涵蓋領域:

Corporate governance;Executive committees;Outside directors;Incentives;Motivation;Executive compensation;Labor management teams


相關資料:

Case Teaching Note, (5-499-053), 2p, by Jay W. Lorsch